The FTC’s lawsuit against Amazon alleging anti-competitive practices is largely full of things we already knew in a general sense: price hikes, pressure to use Amazon fulfillment and so on. But then ...
Since Lina Khan became Federal Trade Commission chair in 2021, she’s taken on Meta, Microsoft, and Amazon, and that’s made her a lightning rod for controversy. WSJ breaks down the battles she’s picked ...
The FTC's lawsuit against Amazon alleging anti-competitive practices is largely full of things we already knew in a general sense: price hikes, pressure to use Amazon fulfillment and so on. But then ...
Amazon (AMZN) is receiving criticism after a Wall Street Journal report detailed the online retailer's use of an algorithm — named "Project Nessie" — designed to raise consumer prices and ultimately ...
Amazon covertly used an algorithm to test how high it could increase its prices before rivals stopped raising their own, according to the Federal Trade Commission’s monopoly lawsuit against the ...
New details have emerged about Amazon.com Inc.’s “Project Nessie” algorithm, which is a major focus of a lawsuit the Federal Trade Commission recently brought against the company. The Wall Street ...
Amazon, which has 1 billion items in its online superstore, created a "secret algorithm internally code named 'Project Nessie' to identify specific products for which it predicts other online stores ...
SAN FRANCISCO: E-commerce giant Amazon reportedly deployed a secret algorithm to gauge how much it could raise prices on its platform which allegedly helped the company increase its profits. The Wall ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Zoe Thomas: Welcome to Tech News Briefing. It's Wednesday, October 4th. I'm Zoe ...
Amazon's algorithm is the backbone of the company's online retail success. It is responsible for the search results that customers see when they type in a keyword. The algorithm is similar to Google's ...